Innovation & Entrepreneurship News

The JV Growth team outlines its project at the third annual Kellogg Education Technology Incubator (KETI) pitch competition.

The Kellogg Education Technology Incubator held its third annual pitch competition

Bringing students together... with an app

Third annual KETI competition focuses on improving the Kellogg experience

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Study: Illinois is ‘powerhouse’ for producing female founders

08/06/15 – Chicago Tribune
This article mentions that Kellogg is number 10 on a list of post-graduate schools that produce the most female entrepreneurs based on a report by CrunchBase; no other Illinois schools make that list. At the University level, Northwestern is tied for 12th, the University of Illinois is No. 18 and University of Chicago is tied for 21st in producing female founder.

Don’t Take Risk – Eliminate It

07/16/15 – Forbes
This article by Professors Carter Cast and David Schonthal talks about how innovators should determine the best ways to reduce risk in developing a new product or service.

Venture Thinking: Why Corporations Should Think Like Startups

07/14/15 – Forbes
This article by Professors Carter Cast and David Schonthal discusses how corporate leaders should consider a mindset of resourceful entrepreneurship that’s applicable to virtually any company looking to spur innovation and drive growth.

5 Clues You’ve Found A Venture Worth Pursuing

07/14/15 – Forbes
This article by Professors Carter Cast and David Schonthal talks about the five indicators that show you’ve found a problem that’s worth solving.

Kellogg Insight Live Reunion 2015

Preventing career derailment

07/13/15 – Carter Cast '92 discuss the ways managers can prevent career-ending mistakes

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Sam Hocking '04

Start Me Up: Sam Hocking '04

07/06/15 – Sam Hocking left Wall Street to bring investors and hedge funds together with iMatchative’s AltX

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Peter Thum '99

Start Me Up: Peter Thum ’99

06/30/15 – With Liberty United, Peter Thum turns guns into social good

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Something ventured, something gained

06/25/15 – Kellogg teams win big at 2015 Northwestern University Venture Challenge

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Carter Cast: Reflecting Before an Exit

06/18/15 – Wall Street Journal
Article written by Professor Carter Cast says that before contemplating prospectuses, entrepreneurs should step back and reflect on the emotional and psychological aspects of selling — whether through an IPO, to a private equity firm or to other third parties.

Student Leadership Awards

2014-15 Student Leadership Awards

06/09/15 – Ceremony honors students and faculty for lasting contributions to Kellogg community

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Opticent Health wins Northwestern University Venture Challenge

06/05/15 – Chicago Tribune
Opticent Health, maker of a non-invasive test for eye diseases, won first prize Thursday in the Northwestern University Venture Challenge, taking home $45,000. CEO Kieran Patel, a Ph.D., is pursuing a JD/MBA from Northwestern Law and the Kellogg School of Management. Professor Linda Darragh was quoted saying the competition’s interdisciplinary focus is a unique benefit of the program. Also reported in ChicagoInno.

Tope Folayan '01

Start Me Up: Tope Folayan ’01

06/03/15 – With MallforAfrica, Tope Folayan fortifies commerce in Africa

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Northwestern spinout gets $1.3 million

06/03/15 – Crain’s Chicago Business
FourKites, a logistics startup launched by a former Kellogg student, Mathew Elenjickal '14, and Arun Chandrasekaran has hauled in $1.3 million in funding. The Chicago-based company's software allows commercial shipping customers to track their freight in real time, using GPS devices that already are on more than 50 percent of all trucks. Also reported in the Chicago Tribune

Techweek100 announced for 2015, and there’s a notable change

06/02/15 – Chicago Tribune
The technology conference, newly led by CEO Katy Lynch, selected 164 innovators from 100 Chicago-area companies, including 55 women. That's just over one-third, up from 13 percent in 2014, when 18 women were added to a list of 142. Dean Sally Blount, Linda Darragh and Rob Wolcott were selected as part of the group.

Reunion 2015

Meeting the challenges of growth

05/06/15 – At the Reunion Brave Leader Panel, alumni and faculty discuss growth strategies and challenges

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George Garvin Brown IV: A family man rides the bourbon boom

05/01/15 – The Globe And Mail
Article quotes Professor Lloyd Shefsky on how Kellogg research showed family-controlled public companies have a 21 percent better return on investment on average compared with similar public firms that are not family businesses.

Jen Helms

Start Me Up: Jen Helms ’12

04/29/15 – Entrepreneur combines immersive learning with video games to teach other languages

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Wake Forest case competition

Best-case scenario

04/24/15 – Kellogg teams take top prizes in several competitions

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Where Are The Women In Venture Capital?

04/14/15 – Poets & Quants
Article quotes Professor Linda Darragh on the lack of female presence in the venture capital world, emphasizing that female entrepreneurs bring a unique understanding of certain markets and having women as partners at top venture capital firms can help diversify the markets those firms can invest in. She also mentions female involvement in Kellogg entrepreneurship courses and names specific women-led startups coming out of Kellogg.

Reinventing Mining

04/13/15 – IFC World Bank
Article interviews Mark Cutifani, the CEO of Anglo American on the Development Partner Framework, which is co-led by Anglo American and Kellogg Innovation Network. Cutifani talks about how the Framework is prompting the industry to listen to some of its harshest critics and how this new approach could drive shared economic, environmental and social value.